Individually Owned Property summary
This exceptional commercial property, located at 204 MAIN Ave Unit 204 in Tillamook, Oregon, presents a unique investment opportunity. The 6,656 square foot building sits on a 0.08-acre lot and is currently operating as a successful restaurant and lounge. The main level encompasses 3,296 square feet, featuring a front dining room and a rear lounge area popular for live entertainment and dancing. The business enjoys consistent clientele and a reputation for its lively atmosphere. A… significant advantage is the convenient access to a city parking lot located directly behind the building, ensuring ease of access for both customers and deliveries. Furthermore, a substantial 3,360 square foot dry basement provides ample storage space and an office area. The property boasts a prime location on Highway 101, in the heart of Tillamook, offering exceptional visibility to the high volume of traffic. This strategic positioning, at a traffic light where many visitors slow down to turn onto Highway 6 towards Portland, guarantees significant exposure. The property is well-maintained and benefits from a dedicated and happy staff. The current owners are willing to consider financing options for qualified buyers. This is a rare opportunity to acquire a thriving, established business with significant growth potential in a desirable coastal location. The property's combination of high visibility, convenient location, and substantial space makes it an ideal investment for a discerning buyer.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 11 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,297 SF
- Lot area
- 0.08 ac
- Year built
- 1925
- APN
- 1S1025-AD-10000
- Zoning
- TM-C-C
- Assessed value · 2023
- $259,120
- Annual tax · 2023
- $3,109
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Value Estimation
- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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